Teagasc National Farm Survey reveals increase in average farm income
A herd of Hereford cows graze on farmland outside Clonakilty, Co Cork. Picture: David Creedon.Â
Production costs were lower as key farm input prices fell last year in spite of the Covid-19 pandemic and incomes across the various farm systems in Ireland either held, or improved in 2020, the Teagasc National Farm Survey 2020 has revealed.
It had been initially feared that Covid-19 would significantly damage food demand, particularly for beef, due to foodservice closure and lockdown measures in Ireland and in overseas markets.
